601966.SS
Price:
$14.83
Market Cap:
$21.70B
Shandong Linglong Tyre Co., Ltd. manufactures and sells tires in the People's Republic of China. It offers passenger car, SUV, winter, truck and bus, and specialty tires. The company also exports its products to approximately 173 countries, such as Europe, the Middle East, Americas, Africa, and the Asia-Pacific. Shandong Linglong Tyre Co., Ltd. was founded in 1975 and is based in Zhaoyuan, the People's Republic of China.
Industry
Auto - Parts
IPO Date
2016-07-07
Stock Exchange
SHH
Ticker
601966.SS
According to Shandong Linglong Tyre Co.,Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.83. This represents a change of 3.93% compared to the average of 0.80 of the last 4 quarters.
The mean historical Current Ratio of Shandong Linglong Tyre Co.,Ltd. over the last ten years is 0.85. The current 0.83 Current Ratio has changed 9.66% with respect to the historical average. Over the past ten years (40 quarters), 601966.SS's Current Ratio was at its highest in in the December 2018 quarter at 1.14. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
0.85
Median
0.84
Minimum
0.53
Maximum
1.14
Discovering the peaks and valleys of Shandong Linglong Tyre Co.,Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 64.25%
Maximum Annual Current Ratio = 1.14
Minimum Annual Increase = -32.90%
Minimum Annual Current Ratio = 0.53
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.80 | 7.84% |
| 2023 | 0.74 | -4.18% |
| 2022 | 0.77 | 7.99% |
| 2021 | 0.72 | -32.90% |
| 2020 | 1.07 | 8.05% |
| 2019 | 0.99 | -13.56% |
| 2018 | 1.14 | 30.14% |
| 2017 | 0.88 | 0.34% |
| 2016 | 0.87 | 64.25% |
| 2015 | 0.53 | -16.07% |
The current Current Ratio of Shandong Linglong Tyre Co.,Ltd. (601966.SS) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages
3-year avg
0.77
5-year avg
0.82
10-year avg
0.85
Shandong Linglong Tyre Co.,Ltd.’s Current Ratio is less than IKD Co., Ltd. (1.82), less than Qingdao Sentury Tire Co., Ltd. (3.95), less than Ningbo Shuanglin Auto Parts Co.,Ltd. (1.20), less than Weifu High-Technology Group Co., Ltd. (1.87), less than Farasis Energy (Gan Zhou) Co., Ltd. (1.15), greater than Beiqi Foton Motor Co., Ltd. (0.81), less than Huada Automotive Technology Corp.,Ltd (1.36), less than Ningbo Huaxiang Electronic Co., Ltd. (1.18), less than Foryou Corporation (1.55), less than Chongqing Zongshen Power Machinery Co.,Ltd (1.57),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.82 | $18.42B | |
| 3.95 | $21.93B | |
| 1.20 | $20.88B | |
| 1.87 | $19.61B | |
| 1.15 | $18.80B | |
| 0.81 | $22.56B | |
| 1.36 | $20.90B | |
| 1.18 | $22.23B | |
| 1.55 | $15.99B | |
| 1.57 | $23.84B |
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